Answer:
1. (e) Salary
2. (a) Cost
3. (f) Net pay
4. (b) Employee benefits
5. (d) Rewards
6. (c) Deduction
7 . (g) occupation
Explanation:
Salary refers to the consideration paid periodically for the services received from an employee.
Cost refers to the price which is incurred or paid to own, possess, manufacture or attain something.
Net pay refers to the gross pay less tax deductions and provident fund contribution, which the employee actually receives or in hand, take home salary.
Employee benefits refer to staff welfare schemes, the provident fund contribution by the employer, employee health insurance and retirement benefits.
Rewards refer to incentives and commission which are paid in addition to the salary, as a means for employee motivation and to appreciate employee's good performance.
A deduction refers to tax deductions and other contribution deductions which are subtracted from the salary. For e.g the amount deducted for the conveyance provided to employees by the employer.
Occupation refers to an activity or work which generates income and serves as a means of earning a living.
